Auto Industry Nightmare: Consumers are Giving Up Cars for Good

The Washington Post – June 2, 2017

Unprecedented changes are taking place in today’s auto industry. Companies old (e.g. Ford, Toyota) and new (e.g. Tesla, Waymo) are working overtime to make cars that run on battery power, drive themselves, and function as taxis. They’re doing all that to prepare for a future 10 or 20 years down the road, when electric, autonomous, shared vehicles will have changed the way we think about transportation. Only problem is, at least one new survey shows that the future may be closer than many had thought.

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